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OPR poser ahead of MPC meeting
Economists divided on why central bank should maintain or cut rate
Tough decision ahead for Bank Negara on OPR
PETALING JAYA: Malaysia’s overnight policy rate (OPR) has been at its all-time low at 1.75% since July last year as Bank Negara’s Monetary Policy Committee (MPC) sought to accelerate economic recovery post movement control order (MCO).
KLCI remains in the red as banking heavyweights drag
KUALA LUMPUR: The FBM KLCI closed off lows after the prime minister announced another assistance package worth RM15bil to ease the pressure following the pandemic.
OCBC Bank expects BNM to cut OPR to 1.5%
KUALA LUMPUR: OCBC Bank is expecting Bank Negara Malaysia (BNM) to turn more downbeat on the Overnight Policy Rate (OPR), noting a heightened chance of a rate cut of down to 1.5 per cent from the current 1.75 per cent in the upcoming meeting this Wednesday due to recent events.
KLCI extends slide over morning session
KUALA LUMPUR: Bursa Malaysia lost more ground headed into midday as financial heavyweights dragged the overall market lower.
China's economy picks up speed in Q4
BEIJING: China's economy picked up speed in the fourth quarter, with growth beating expectations as it ended a rough coronavirus-striken 2020 in remarkably good shape and remained poised to expand further this year even as the global pandemic raged unabated.
Ringgit dips as greenback rises on safe haven demand
KUALA LUMPUR: The ringgit opened slightly lower vis-a-vis the US dollar on Monday due to the strengthening of the greenback as a safe-haven demand for the currency among investors kicked in.
Bank stocks fall on speculation over further OPR cut
KUALA LUMPUR: Bursa Malaysia opened the week lower, led by a fall in bank stocks as speculation over a further interest rate cut by Bank Negara weighed on sentiment in the sector.
The week ahead - Bank Negara, China data, BoJ,
THE week opens with Bank Negara’s decision on the overnight policy rate (OPR). The monetary policy committee (MPC) of Bank Negara is expected to meet on Wednesday.
